Job cuts continue in property sector

Sherwoods has become the latest company in Dubai’s real estate sector to cut staff on the impacts of the global financial crisis.

“We’ve entrenched by around 15 to 20 per cent across the company,” Vincent Easton, sales director at the property consultancy, told 7DAYS.

“We were strategising for a big increase in activity going through the latter part of last year and into this year.

7DAYS -

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